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Asian markets finish mixed on Monday

25 Jan 2021 Evaluate

Asian markets ended mixed on Monday, as the covid pandemics remaining untamed despite vaccine rollout raised concerns over global economy and weighed down the market sentiments. Investors also side-lined as Federal Reserve's Policy meet is due this week, which is widely expected to alter bond buying program until 2022. However, optimism over better quarterly results amid prospects over larger US stimulus measures buoyed some of the Asian Stock exchanges in today's session. Chinese shares rose ahead to President Xi Jinping's keynote address at World Economic Forum's first global virtual meeting, and on increased FDIs in the country. While Japanese shares settled near 30 year high level amid investor eyeing over corporate earnings results and on news that covid cases in the country is dropping .

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,624.2417.490.48

Hang Seng

30,159.01711.162.41

Jakarta Composite

6,258.57-48.56-0.77

KLSE Composite

1,576.62

-20.12

-1.26

Nikkei 225

28,822.29190.840.67

Straits Times

2,973.65-17.88-0.60

KOSPI Composite

3,208.9968.362.18

Taiwan Weighted

15,946.54-72.49-0.45